Online estate agent 99home has announced the acquisition of LandlordReferening.co.uk and Rent Safe UK.
The business provides landlords and tenants with tenant referencing, credit checks, insurance products for landlords, such as rent guarantee, tenant content insurance, portfolio insurance, and appliance cover.
Vijay Vashistha, co-founder and COO of 99home said: “With this acquisition, thousands of RentSafeUK and Landlord referencing clients will have access to market their property on 99home’s platform for the tenant-find services which is just £49, compares to a hefty high street agent fee.
“We are moving towards a collaboration of PropTech, FinTech, InsureTech and BlockChain platform.”
Paul Routledge, founder of both RentSafeUK and LandlordReferencing.co.uk, said that he was “delighted” that with his imminent retirement he is now assured that landlords were going to have the “continued support to find the right tenants and have a range of insurance solutions available.”